What is the importance of Qualifying a Title as part of the loan closing process?

1. What is the importance of Qualifying a Title as part of the loan closing process?2. What is Title Insurance and its role in real estate finance?3. What is the Torrens System?4. Find an internet example of a real-world title problem that impacted real estate finance. DiscussPlease provide a 6-page analysis to include title and reference page. Please do not list the question, answer the questions within your analysis. Your work should be in proper APA format.